De La Rue rumoured for takeover

Sunday 18 October 1998 23:02 BST

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De La Rue rumoured for takeover

MICROSOFT, the world's richest software company, is rumoured to be considering launching a break-up bid for De La Rue, the British banknote and cash- handling systems maker. According to rumours, the software giant is interested in De La Rue's "smart card" activities, and would sell the rest of the business, which includes a stake in British lottery operator Camelot. A spokeswoman for De La Rue said yesterday: "We do not comment on market rumours."

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